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Arrium writes down $480M in assets

IRON ore and steel producer Arrium has confirmed that a plan to reduce costs and divest propertie...

Justin Niessner
Arrium writes down $480M in assets

The company, which is a major producer of grinding media for the mineral processing sector, expects the charges to result in a 3% increase to its gearing ratio to 37.5% The announcement follows a refocusing...

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